Press coverage about Weyerhaeuser (NYSE:WY) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Weyerhaeuser earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 46.2521332517968 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
- The sentiment expressed by investors: National Oilwell Varco, Inc. (NOV), Weyerhaeuser Company (WY) – Market Movers (financialqz.com)
- Weyerhaeuser Co. breached its 50 day moving average in a Bearish Manner : WY-US : December 5, 2017 (finance.yahoo.com)
- Analysts Anticipate Weyerhaeuser Company (WY) Will Announce Quarterly Sales of $1.87 Billion (americanbankingnews.com)
- Weyerhaeuser Co. : WY-US: Dividend Analysis : December 01st, 2017 (record date) : By the numbers : December 4, 2017 (finance.yahoo.com)
- Why Weyerhaeuser is a Top Socially Responsible Dividend Stock (WY) (nasdaq.com)
WY has been the subject of a number of research analyst reports. BMO Capital Markets cut Weyerhaeuser from an “outperform” rating to a “market perform” rating and increased their price target for the company from $28.58 to $36.00 in a research note on Monday, August 14th. BidaskClub cut Weyerhaeuser from a “buy” rating to a “hold” rating in a research note on Friday, August 18th. JMP Securities cut Weyerhaeuser from an “outperform” rating to a “market perform” rating and set a $36.00 price target for the company. in a research note on Monday, August 14th. Argus increased their price target on Weyerhaeuser from $37.00 to $39.00 and gave the company a “buy” rating in a research note on Thursday, November 2nd. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $40.00 price target on shares of Weyerhaeuser in a research note on Monday, September 4th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $37.20.
Weyerhaeuser (NYSE:WY) last posted its earnings results on Friday, October 27th. The real estate investment trust reported $0.34 EPS for the quarter, topping the consensus estimate of $0.31 by $0.03. The firm had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.85 billion. Weyerhaeuser had a return on equity of 8.15% and a net margin of 12.37%. Weyerhaeuser’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same period last year, the company earned $0.30 earnings per share. sell-side analysts anticipate that Weyerhaeuser will post 1.17 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 3.64%. This is a positive change from Weyerhaeuser’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Thursday, November 30th. Weyerhaeuser’s dividend payout ratio (DPR) is 112.28%.
In other news, Director Rick R. Holley sold 227,341 shares of Weyerhaeuser stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of $35.05, for a total value of $7,968,302.05. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Rhonda D. Hunter sold 23,343 shares of Weyerhaeuser stock in a transaction that occurred on Friday, November 24th. The stock was sold at an average price of $36.12, for a total value of $843,149.16. Following the completion of the sale, the insider now directly owns 98,973 shares in the company, valued at $3,574,904.76. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 296,623 shares of company stock worth $10,452,392. 1.20% of the stock is owned by corporate insiders.
Weyerhaeuser Company is a timber, land and forest products company. As of December 31, 2016, the Company owned or controlled 13.1 million acres of timberlands, primarily in the United States, and manages additional timberlands under long-term licenses in Canada. The Company’s segments include Timberlands; Real Estate, Energy and Natural Resources (Real Estate & ENR), and Wood Products.
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